Royal Mail Increase in Cost of Postage Stamps ‘Is Totally Self-Defeating’

Middlesbrough South and East Cleveland Labour MP, Tom Blenkinsop, today (27th March 2012) hit out at an announcement by Royal Mail that they would be increasing the price of postage stamps.

A first-class stamp will rise in price from 46p to 60p from 30 April after the OFCOM regulator lifted some price controls on Royal Mail. a second-class stamp will go up from 36p to 50p.

Tom said “This is a self-defeating move, and one aided and abetted by OFCOM who have allowed Royal Mail the freedom to set stamp prices. It also is a grim harbinger of what we can all expect if the government’s plans to fully privatise Royal Mail come about.

For many elderly people without access to e-mail and computers, sending letters and cards to their nearest and dearest is their only method of communication – and they will be especially hard hit. It will also mean that many more people will be turning to e-mail, and this, in itself, will only exacerbate Royal Mail’s cash flow problems.

It is quite clear that this is a self-defeating measure and will almost certainly be followed by further hikes in postage costs.”

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